Numerica Credit Union (formerly Spokane Railway Credit Union) is a

credit union A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including deposit accounts, provision ...

founded in 1937. Numerica serves the

Spokane Spokane ( ) is the largest city and county seat of Spokane County, Washington, United States. It is in eastern Washington, along the Spokane River, adjacent to the Selkirk Mountains, and west of the Rocky Mountain foothills, south of the Canada ...

Tri-Cities Tri-Cities most often refers to: *Tri-Cities, Tennessee, United States *Tri-Cities, Washington, United States Tri-City, Tricity or Tri-Cities may also refer to: Populated places Americas Canada *Tri-Cities (British Columbia), consisting of Co ...

, and

Wenatchee Valley The Wenatchee River is a river in the U.S. state of Washington, originating at Lake Wenatchee and flowing southeast for , emptying into the Columbia River immediately north of Wenatchee, Washington. On its way it passes the towns of Plain, Leave ...

regions of

Washington state Washington (), officially the State of Washington, is a state in the Pacific Northwest region of the Western United States. Named for George Washington—the first U.S. president—the state was formed from the western part of the Washingto ...

, as well as the North

Idaho Idaho ( ) is a state in the Pacific Northwest region of the Western United States. To the north, it shares a small portion of the Canada–United States border with the province of British Columbia. It borders the states of Montana and W ...

Panhandle A salient (also known as a panhandle or bootheel) is an elongated protrusion of a geopolitical entity, such as a subnational entity or a sovereign state. While similar to a peninsula in shape, a salient is most often not surrounded by water on ...

. It is regulated under the authority of the

National Credit Union Administration The National Credit Union Administration (NCUA) is a government-backed insurer of credit unions in the United States, one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the Federal ...

(NCUA). As of June 2022, Numerica managed over $3.5 billion in assets and served more than 169,000 members. Numerica's headquarters are located in

Spokane Valley The Spokane Valley is a valley of the Spokane River through the southern Selkirk Mountains in the U.S. state of Washington. The valley is home to the cities of Spokane and its suburbs Spokane Valley, Liberty Lake, and Millwood. The valley i ...

, Washington.

History

The credit union was founded in 1937 under the name Spokane Railway Credit Union. Initially, Numerica only served Spokane railway employees, but it expanded to serve other sectors of the transportation industry, and eventually opened its doors to all residents of Washington State and the Northern Idaho Panhandle.

Awards

In 2021, Numerica was named the Best Place to Work in the Inland Northwest in the large business category by the

Spokane Journal of Business The ''Spokane Journal of Business'' is an independent business newspaper founded in February 1986 which covers news primarily in Eastern Washington State and Northern Idaho including Spokane, Washington, and Coeur d’Alene, Idaho Coeur d'A ...

. Numerica's SBA team was honored in 2020 as Outstanding Community Lender for the

U.S. Small Business Administration The United States Small Business Administration (SBA) is an independent agency of the United States government that provides support to entrepreneurs and small businesses. The mission of the Small Business Administration is "to maintain and stren ...

’s Seattle District for closing the most standard SBA loans in a fiscal year. Numerica also received the Crystal Performance Award in 2020 and 2021, an annual recognition of “industry standard-setting credit unions,” according to Raddon, the financial industry research and analysis arm of

Fiserv Fiserv, Inc. () is an American multinational company headquartered in Brookfield, Wisconsin that provides financial technology services to clients across the financial services sector, including: banks, thrifts, credit unions, securities bro ...

. The credit union was selected based on an analysis of key performance metrics focused on service, member relationships, sales, and other areas as observed within the Performance Analytics program from Raddon.

References

External links

Numerica Credit Union web site
Credit unions based in Washington (state) Spokane Valley, Washington {{bank-stub

History

Awards

See also

References

External links